-Always keep money on the side free to enter, especially in a Bull market! so the harder the dip the more money you could invest this way. You always win📈💰
*Resistance now around 118.5k-119.5k as for $BTC better wait for breakout or a retest. More details in my other post.*
-it's best to stay away from the market and keep watching from afar for opportunities to come rather than entering the trend halfway through and getting stuck.🔒
Also, my friends please avoid unnecessary trades for little greed that may cause you big losses. and Ofc avoid shorting bull market that is too risky.
in the next few days I expect a little retest of 115k or even 112k area as for BTC so for those didn't enter yet you can wait to invest at those levels🙏
things aren't looking great for crypto and especially alts we lost an important support level already which isn't so promising.
if you are a spot Trader you can hold your position as a pull back can happen later on as the final bull wave hasn't ended yet.
but for leverage trades it's risky to keep big position try to dca and exit soon or be careful of being liquidated. before the bulls join again.
right now btc has 91k area as a support by 4hours time frame and an area of support by last weeks in previous cycle so it can hold, - but just be prepared and cautious in case we lost it 88k can be a target for bears.
Market got big volatility especially due the high leveraging that causes big liquidation get wiped. this is why i don't advise high leverage.
while the opening of stocks market had a gap that triggered some fear of selling with combination of Tariff news.
I do see things will have a big bounce back up to 95k+ in the coming days if happened then we will see a strong come back and a continuation to 100k area.
if we stay at 93k area for long and not manage to break the 94.5k back (by this week) then it could be a bad news for the bulls
hello, quick update BTC broke it's resistance of 95k which is leading its way sooner than expected to 100k you can buy it now with low leverage if at all up to 98k-101k range as an exit point.
about my next trade, Im currently waiting for a good entry to happen at the 84-86k zone for BTC. once the drop happens I will make a good entry holding it up to 98-100k.
before the drop happens I'm not planning to join heavily as things won't be so lucrative.
you can enter the trade with up to 10x leverage (keep some on side not all in), which would give you about 170% return.
Final we witness some Volatility coming to the market again!
those couple months could give us our last bullish entries of the Year. before bearish market kicks in.
I would like to see last flashy drop to liquidate high leverage and late buyers before this bull continue (and I would use the dip as a buying opportunity if happened soon)
I see BTC can reach 100-102k which would be nice entry. by this month or next one before it crashes all the way entering a bear market.
the market been sleeping for like 3 weeks if a big move happened by the coming days and an opportunity formed i will keep you updated!
so far I'm waiting for a bigger drop to buy and Hold some to make little highs as a last chance before the bull run ends then maybe later we can start entering shorts instead. (after couple of months)
Expect to see some big volatility by tomorrow till weekend.
as for prices 94k is strong resistance for daily time frame, closing a daily candle above it will lead our way to 98-100k but I not see it happening soon.
Higher chance we get rejected by tomorrow or upcoming days. to visit 80s again. If we reach 83k~ it is a great entry price to buy again for short-medium term to be.
Hello, so far crypto moving side ways no real changes happened.
Currently I'm waiting for the big move to come to use it as a new entry point: I see we got a nice chance for bigger drop to early 80s potentially, if happened by this week we can use it as a strong entry and Hold till the mid 90s as first tp would be 94k then 97.5k this is the likely scenario, and I'm just waiting for the entry to be worth it as a big dump could be around the corner before moving up to higher targets again.
Other scenario we go up a little more now to get rejected again and fall hard to 78k~ before giving a recovery so be prepared.
-My next trade: I prefer to stay on the side now just wait for the dump to happen then enter at good prices avoiding big risks.
Market update in general: we are still bearish in weekly time frame, and high chance bull market ended.
But the Good news is we still have a chance of a last retest hitting near 100-102k before the big crash continues and bears take over the market. so let's just be prepared.
Cool, we got a quick full recovery actually after we hit near 83k area.
But a little drop after such fast movement could happen so I advise to take part for profits now if you been holding in case a drop occurred and re purchase later at a lower price.
Rest keep for higher targets in case we stay at this level and break 93k. I will update you.
We did hit the 93k mark for BTC, which is our next resistance as we discussed, and got rejected.
I expect to see a second try to reach near that level by next week:
1) if we could sustain it and continue strong we can break it and become bullish by daily and get new higher levels eventually.
2) if we fail it again and potential hard drop back to the 80s again probably 82-83k area is likely.
RealTrader_17
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Next resistance area for BTC to watch for-> 93-94.5k if we break it we can exit daily bearish trend and re entr bullish again. but we may get rejected there so I advise to take some profits and exit part of your position just in case.
Next resistance area for BTC to watch for-> 93-94.5k if we break it we can exit daily bearish trend and re entr bullish again. but we may get rejected there so I advise to take some profits and exit part of your position just in case.
Stay safe!
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